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International Small Arms Control Standards (ISACS) 01.20 Glossary of terms, definitions and abbreviations, http://www.smallarmsstandards.org/. The term broker is defined in this Glossary.
According to the International Small Arms Control Standards (ISACS), brokering activities can include, but are not limited to:
- Serving as a finder of business opportunities to one or more parties
- Putting relevant parties in contact
- Assisting parties in proposing, arranging or facilitating agreements or possible contracts between them
- Assisting parties in obtaining the necessary documentation
- Assisting parties in arranging the necessary payments
Some activities closely associated with brokering, which do not necessarily in themselves constitute brokering activities, might be undertaken by brokers as part of the process of putting a deal together to gain a benefit. These activities may include, for example, acting as dealers or agents, providing for technical assistance, training, transport, freight forwarding, storage, finance, insurance, maintenance, security, and other services.
Brokering activities can take place in the broker’s country of nationality, residence, or registration, but can also take place in another country. The weapons do not necessarily pass through the territory of the country where the brokering activity takes place, nor does the broker necessarily take ownership of the weapons.
Last updated on: 01 February 2014